What Does Accrual Accounting Mean?

1.	What Does Accrual Accounting Mean?
Answer» Record REVENUES when EARNED and expenses when INCURRED regardless of CASH FLOW . Record revenues when earned and expenses when incurred regardless of cash flow .

Answer»

Record REVENUES when EARNED and expenses when INCURRED regardless of CASH FLOW .

Record revenues when earned and expenses when incurred regardless of cash flow .

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